Many people dream of becoming a billionaire. It’s a lofty aspiration; there are only about 700 of them in the world. If you plan on making your own fortune, it’s important to know whom you have to emulate. To learn how to become a billionaire, it might be helpful to know about some of the world?s billionaires. Most of us know the stories of the top four or five richest people in the world, so let’s look at some of the lesser-known billionaires and how they made their fortunes
Take, for instance, Larry Page. He is the President of Products at Google, Inc. Yes, Google the search engine. He is 32 years old and worth about $7 billion. Google is based on the idea of ranking pages when searching the Internet. Page and his partner, Sergey Brin, patented the technology they used to create the page ranking software and the rest is history. Google has been operating very successfully since 1998. Page was enrolled in the PhD program at Stanford University at the time of Google?s creation, but needless to say, he never finished the program.
Ronald Perelman is another interesting billionaire. He has made his fortune by investing wisely through his holding company, MacAndrews and Forbes. His strategy is to invest in very stable companies that are not high tech, or trendy at the moment. Among his holdings have been companies like Revlon and Marvel Comics. He is said to be worth about $5 billion.
Thirdly, let?s look at the fortune of Donald Bren. At age 45, he joined with 33 other investors to purchase the Irvine Company, a real estate development company that builds neighborhoods in California. Over the next 19 years, he gradually purchased all the outstanding shares, to become the sole owner. Today, he is worth about $4 billion.
So, you can see that the key to becoming a billionaire seems to either having a great idea and running with it, or spotting a good idea and investing your money into it. If it?s your goal to start working toward being a billionaire yourself, start looking for the right opportunity, save your money, and then invest, invest, invest.
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